Jan 16, 2013 4:00am PST
, healthcare professionals, gun control groups and a rep from walmart, the nation's largest gun seller. the president will lay out the measures created from those meetings. likely on the list: a push for an assault weapons ban and better background checks. the president speaks at 11:45 eastern. children who wrote letters expressing concerns about gun violence in schools will join him. a new york city school bus driver strike starts today, affecting 152,000 students. more than 8,000 drivers and support workers are walking off the job to protest a lack of job protections. new york city mayor michael bloomberg has proposed a competetive bid process for school bus contracts in order to save money. the union is upset it may impact current drivers. this strike is the first such job action by unionized new york school bus drivers in more than three decades. massive job cuts are happening around the globe. the world's largest platinum producer, located in south africa, is closing 4 mine shafts and letting go of 14,000 employees, which is 24% of its workforce. the owners of anglo-american plati
Jan 21, 2013 4:00am PST
programs on the horizon and healthcare reform upheld, 2013 should be smooth sailing for the economy, right? to almost no one's surprise, it's not that simple. despite that, in our cover story, we found a few people willing to stick their necks out and share with us their predictions. most everyone we found had reason for measured optimism. housing prices, for example, are going up. "there's hope that you can climb out. that's just a game- changer." and that opens up housing- related investment, which in turn may help stocks. "i see certain sectors helping the stock market. i see that true of the housing sector. look at real estate, look at building supplies, things that have been down in the past." as for jobs, john challenger says though the economy has been adding an average of 150,000 jobs a month, we may not need that many to make unemployment itself go down. the reason - baby boomers. "there are many more baby boomers retiring, so we don't need nearly as many new jobs as we did a decade ago." as for overseas trade, china's economy is predicted to grow at 7%. it used to be 15%.